19 June 2024 | 3 replies
Can you stomach going over budget, time delays, and having to pay the mortgage without any income coming in from the property?

19 June 2024 | 1 reply
They’re typically quite affordable, so pick the one that fits your budget best.Using these strategies, you can maintain privacy and still meet the legal requirements for your LLC.

19 June 2024 | 2 replies
Financial Transparency:Managing the budget yourself allows for greater transparency in costs, helping you to identify where money is being spent and find opportunities for savings.It's important to consider the potential downsides, such as the significant time commitment, the need for substantial construction knowledge and experience, the risk of costly mistakes, and the responsibility for managing permits, inspections, and compliance with building codes.

19 June 2024 | 6 replies
If you're planning to invest less than $400-500k USD, the properties you could find within that budget will not stand out in the market, and you'll face high competition in the STR (Short-Term Rental) market.

17 June 2024 | 2 replies
We will also birddog the best opportunities on the contracting side so i figure we can boost out hourly rate up to at least $100/hr (from 80), and jump from the build to contract jobs to take advantage (we have our own heavy equipment and dump truck).

20 June 2024 | 33 replies
Also, I lack familiarity with the construction loan process and what protections that may be in place (if any) to prevent FIG and their builders from going over budget on the project.

19 June 2024 | 9 replies
I'd like to put together a budget for development.

19 June 2024 | 18 replies
@Nicholas A.It is easy to underestimate your rehab budget. - make sure to get bids from multiple contractors and have adequate reserves.It is easy to overestimate your ARV. - Have an agent pull recent comps for youIt is easy to underestimate the timeline. - whatever a contractor says, add 4 weeks.

19 June 2024 | 11 replies
That allows renovations with quite small budgets.

18 June 2024 | 12 replies
How much was total budget?